MEDLIFE INSURANCE LTD.

HEAD OFFICE
Alpha Business Centre
27 Pindarou Street
3rd Floor
Block B
CY-1060 NICOSIA
CYPRUS

office@medlife.net
Inhalt:

Group Economic Insurance Plan

 
GEIP is intended for policyholders who take out insurance for a group of minimum 10 people to a maximum of 50 people.
 
geip

GEIP is the ideal package for companies to take out comprehensive insurance for their employees and, at the same time, invest their capital in a profitable way.

 

Details of rates: see as included in EIP
Details of Information and forms: click > HERE <

 

Example

 

Person insured

man/woman 40

Term of contract

15 years

Annual premium

USD    1.000 / EUR   1.000

Sum insured (G5S)

USD  13.683 / EUR 13.253

UTZ

USD  13.683 / EUR 13.253

UI

USD  13.683 / EUR 13.253

RZ1

USD    3.000 / EUR   3.000


 

Case 1:

The insured person dies after an accident, beneficiary is his wife. 10 years of insurance have passed.

 G5S incl. bonus *):

 USD 10.601 / EUR 10.511

 RZ1:

 USD   3.000 / EUR   3.000

 UTZ:

 USD 13.683 / EUR 13.253

 Sum payable:

 USD 27.284*) / EUR 26.764*)


If the insured person dies after 10 years of insurance as the result of an accident, the sum payable to the beneficiary amounts to about USD  27.284*) / EUR 26.764 *)

 

 

Case 2:

The person insured is alive at the end of the insurance term. What sum is to be paid out?

 G5S:

 USD 13.683 / EUR  13.253

 + bonus*)

 USD   1.400 / EUR    1.935

 Sum payable:

 USD 15.083 / EUR 15.188


At expiry of the contract, after 15 years, the sum to be paid out on survival amounts to about USD 15.083*) / EUR 15.188*).


*) The profit participation accumulated in future is not predictable, therefore figures on profit participation are mere forecasts based on the present situation. Such forecasts are therefore without any obligation.

V: 1.1.2017